September 29, 2021

AMOC amends dividend distribution’s record date

ArabFinance: Alexandria Mineral Oils Company (AMOC) has adjusted the record date for shareholders’ eligibility for the cash dividends distribution of EGP 0.15 per share fiscal year (FY) 2020/2021, AMOC announced in a statement to the Egyptian Exchange (EGX).

Accordingly, the dividends will be paid to shareholders as of October 21st, 2021, with eligibility for shareholders on a record date of October 17h, 2021, the company noted.

This decision was driven by the possibility of the record date to coincide with the official holiday marking the occasion of Prophet Muhammed’s birthday.

AMOC is an Egypt-based company that operates in the petroleum industry. The company specializes in the production of essential mineral oils, paraffin wax and its derivatives, naphtha, and butane, as well as distributes and markets them in Egypt and abroad.

Categories : oil and gas

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